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  <title>rediff Business</title> 
  <link>http://www.rediff.com/money/index.html</link> 
  <description>India's largest news and entertainment service online.</description> 
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  <pubDate>Sat, 19 May 2012 22:39:00 GMT</pubDate> 
  <copyright>Copyright: (C) 2011 Rediff.com India Limited. All Rights Reserved.</copyright> 
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<!--19-05-2012:10:04:46-->
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  <title><![CDATA[Aditya Birla Group buys stake in Living Media India]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-aditya-birla-group-acquires-stake-in-living-media/20120519.htm</link> 
  <description><![CDATA[The Birlas have earlier forayed only in the entertainment business and in 2003 launched a movie and television software production company called Applause Entertainment, best known for producing Hindi movie Black, starring Amitabh Bachchan.]]></description> 
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<!--18-05-2012:22:13:30-->
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  <title><![CDATA[Facebook lists on Nasdaq. Opens at $42.05/share]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-tech-mark-zuckerberg-rings-nasdaq-opening-bell/20120518.htm</link> 
  <description><![CDATA[Setting the stage for the much-awaited trading of Facebook, its founder Mark Zuckerberg on Friday rang the opening bell at the Nasdaq stock exchange. Zuckerberg rang the bell from the headquarters of Facebook in California.]]></description> 
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<!--18-05-2012:21:16:46-->
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  <title><![CDATA[AI may take sacked pilots back, not IPG leaders]]></title> 
  <link>http://www.rediff.com/business/report/ai-may-take-sacked-pilots-back/20120518.htm</link> 
  <description><![CDATA[Adopting a 'carrot and stick' approach towards the 11-day Air India pilots' stir, government on Friday indicated it could take back all those sacked, barring the Indian Pilots Guild (IPG) office-bearers, if they resumed duty, as it alerted the IAF to set up medical boards to check pilots who have reported 'sick'.]]></description> 
  <image>http://im.rediff.com/money/2012/may/13ai.jpg</image>
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<!--18-05-2012:19:23:14-->
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  <title><![CDATA[Rupee volatility a concern for IT-BPO industry: Nasscom]]></title> 
  <link>http://www.rediff.com/business/report/tech-rupee-volatility-a-concern-for-it-bpo-industry-nasscom/20120518.htm</link> 
  <description><![CDATA[A 10 per cent-plus movement of currency in a few weeks is definitely concerning for the companies.]]></description> 
  <image>http://im.rediff.com/money/2012/may/18it.jpg</image>
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<!--18-05-2012:18:41:07-->
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  <title><![CDATA[Forex reserves fall by $1.4 bn]]></title> 
  <link>http://www.rediff.com/business/report/forex-reserves-fall-by-usd-1-point-4-bn/20120518.htm</link> 
  <description><![CDATA[The gold reserves were unchanged at $26.61 billion, the apex bank said.]]></description> 
  <image>http://im.rediff.com/money/2012/may/18usd.jpg</image>
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<!--18-05-2012:18:27:28-->
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  <title><![CDATA[Hewlett-Packard may slash 30,000 jobs]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-tech-hewlett-packard-may-slash-30000-jobs/20120518.htm</link> 
  <description><![CDATA[Hewlett-Packard plans to slash up to 30,000 jobs in the coming months, which would be one of the biggest layoffs in American corporate history, says a media report.]]></description> 
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<!--18-05-2012:18:27:04-->
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  <title><![CDATA[All options considered to check rupee slide: RBI]]></title> 
  <link>http://www.rediff.com/business/report/all-options-considered-to-check-rupee-slide-rbi/20120518.htm</link> 
  <description><![CDATA[On whether RBI will consider selling dollar directly to oil companies as it did in 2008 to curb further volatility in the rupee, he said all options are considered.]]></description> 
  <image>http://im.rediff.com/money/2012/may/18gok.jpg</image>
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<!--18-05-2012:18:26:07-->
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  <title><![CDATA[Rupee woes: MAIT seeks price revision in govt contracts]]></title> 
  <link>http://www.rediff.com/business/report/rupee-woes-mait-seeks-price-revision-in-govt-contracts/20120518.htm</link> 
  <description><![CDATA[The domestic electronic product manufacturers depend heavily on imports for hardware components like hard drive and displays.]]></description> 
  <image>http://im.rediff.com/money/2012/may/rupees123.jpg</image>
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<!--18-05-2012:17:42:35-->
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  <title><![CDATA[Austerity measures on anvil, warns Pranab]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-video-austerity-measures-on-anvil-warns-pranab/20120518.htm</link> 
  <description><![CDATA[Government may slash spending on foreign travel by ministers and officials and on meetings in five-star hotels as part of austerity measures to cut down on budget deficit.]]></description> 
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<!--18-05-2012:17:37:21-->
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  <title><![CDATA[Cut spending: Pranab's recipe to stabilise economy]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-cut-spending-pranabs-recipe-to-stabilise-economy/20120518.htm</link> 
  <description><![CDATA[Government may slash spending on foreign travel by ministers and officials and on meetings in five-star hotels as part of austerity measures to cut down on budget deficit in view of the tight economic situation.]]></description> 
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<!--18-05-2012:17:23:58-->
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  <title><![CDATA[Weak rupee: How India can stabilise its BoP situation]]></title> 
  <link>http://www.rediff.com/business/column/column-how-india-can-stabilise-its-bop-situation/20120518.htm</link> 
  <description><![CDATA[Near-term movements of INR will continue to be shaped by the capital flows situation, which in turn will be influenced by developments in Europe.]]></description> 
  <image>http://im.rediff.com/money/2012/may/18edel.jpg</image>
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<!--18-05-2012:17:06:44-->
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  <title><![CDATA[Column: Why the rupee is on a freefall]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-column-why-the-rupee-is-on-a-freefall/20120518.htm</link> 
  <description><![CDATA[Rupee is well on its way to touching Rs 55 against the dollar.]]></description> 
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<!--18-05-2012:17:00:00-->
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  <title><![CDATA[India Inc worried about fiscal woes, not Mamata govt]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-industry-positive-on-mamata-govt-worried-over-fiscal-issues/20120518.htm</link> 
  <description><![CDATA[There were concerns among industrialists about direct land acquisition after the present government stated it would not acquire land anymore for industry.]]></description> 
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<!--18-05-2012:16:44:10-->
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  <title><![CDATA[Markets end higher led by SBI]]></title> 
  <link>http://www.rediff.com/business/report/sensex-markets-end-higher-led-by-sbi/20120518.htm</link> 
  <description><![CDATA[State Bank of India rallied over 5% to Rs 1,942]]></description> 
  <image>http://im.rediff.com/money/2012/may/bse123456789.jpg</image>
</item>
<!--18-05-2012:16:29:05-->
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  <title><![CDATA[Experts caution on Facebook IPO frenzy]]></title> 
  <link>http://www.rediff.com/business/slide-show/slide-show-1-tech-experts-caution-on-facebook-ipo-frenzy/20120518.htm</link> 
  <description><![CDATA[As the shares of social networking giant Facebook begin trading on the NASDAQ exchange today, experts believe that the stock is overpriced at $38 apiece and one must wait for now to invest in the firm.]]></description> 
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